BNSD Finance

BNSD Finance

BNSD
$0.001252214%-4.65

Key Metrics

Price$0.001252214
Real Volume (24H)$50.51
Marketcap$234,275.61
Fully Diluted ValuationN/A
ATH$0.276547
ATH Date9/12/2020, 10:42:59 PM
ATL$0.00103975
ATL Date11/3/2022, 8:43:07 PM
Circulating Supply181M
Total Supply208M
WebsiteN/A
WhitepaperN/A
Popularity Rank3045
Chart
What is BNSD Finance?

BNSD (BNS Defi) is a token from the team behind BNS Token and Bitbns, which offers users the opportunity to earn yield. The team has outlined the following key features of BNSD:

High APYs: BNSD offers attractive Annual Percentage Yields (APYs) for users who wish to farm the token.

Multiple Pools: Users have the option of farming BNSD in multiple pools, providing flexibility and diversity in their investment strategies.

Deflationary Release: Over time, the supply of BNSD reduces, making the token increasingly scarce and potentially increasing its value.

Halving Built-In: BNSD has a built-in halving system, which reduces block rewards over time. There are four halvings planned, with block rewards starting at 1000 rewards per ETH block of BNSD and reducing in the following manner:

  • 1000 - 500 rewards 1 day from genesis block
  • 500 - 250 rewards 7 days from genesis block
  • 250 - 125 rewards 30 days from genesis block
  • 125 - 100 rewards 90 days from genesis block

Development Funds: According to reports, 4% of rewards are reserved for development funds.

By offering these features, BNSD aims to provide users with an attractive investment opportunity that offers both yield and potential for growth.

The Bitbns team behind BNSD is committed to creating a sustainable ecosystem that benefits all stakeholders. They have a strong track record of innovation and development, having already created successful platforms like BNS Token and Bitbns. With BNSD, they aim to provide users with an opportunity to participate in the growth of a new token that offers unique benefits and potential for future growth.

To participate in BNSD farming, users will need to connect their wallets to a compatible decentralized exchange (DEX) like Uniswap. Once connected, they can select the BNSD token and choose a pool in which to farm the token. The process is simple and straightforward, making it easy for anyone to participate in BNSD farming.

In conclusion, BNSD is a deflationary token that offers users the opportunity to earn yield through farming. With high APYs, multiple pools, and a built-in halving system, BNSD is a unique investment opportunity that is designed to provide users with a potentially attractive return on investment. The Bitbns team behind BNSD is committed to creating a sustainable ecosystem that benefits all stakeholders, making BNSD a promising token for the future of decentralized finance.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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